💥 Analysis of $AAVE – Potential breakout opportunity 💥

$AAVE is showing an extremely positive signal on the 4H chart as it forms a rounded bottom pattern, one of the strong bullish reversal patterns. The current momentum is leaning towards the buyers, indicating the possibility of a continued breakout in the short term.

📈 Recommended buy zone: 218 – 222

This is the price range that traders may consider entering, based on the chart structure and recovery signals from strong support.

🎯 Price targets:

• T1: 230 – Take partial profits to reduce risk.

• T2: 238 – The next level of increase if momentum remains intact.

• T3: 248 – Final target for a strong breakout trend.

🛑 Stop-Loss: 211

Set a stop-loss point to protect capital if the price breaks through important support, avoiding significant risk.

💡 Additional insights:

The rounded bottom pattern often signals a long-term accumulation phase before a strong price increase. With supporting trading volume and positive momentum on the 4H, $AAVE is likely to continue its upward trend and challenge the important resistance levels above.